Company Registration No. 07034792 (England and Wales)
Equilibrium Financial Services Limited
Unaudited accounts
for the year ended 30 March 2023
Equilibrium Financial Services Limited
Unaudited accounts
Contents
Equilibrium Financial Services Limited
Company Information
for the year ended 30 March 2023
Director
Michael Roy Eaton
Company Number
07034792 (England and Wales)
Registered Office
62 Horton Way
Nantwich
Cheshire
CW5 7GD
England
Accountants
Charterhouse Accountants
3 Brindley Court
Lymedale Business Park
Newcastle Under Lyme
Staffordshire
ST5 9QA
Equilibrium Financial Services Limited
Statement of financial position
as at 30 March 2023
Tangible assets
2,000
2,500
Cash at bank and in hand
675
72,300
Creditors: amounts falling due within one year
(71,010)
(67,866)
Net current (liabilities)/assets
(53,264)
76,917
Total assets less current liabilities
(51,264)
79,417
Creditors: amounts falling due after more than one year
52,000
(54,500)
Called up share capital
10
10
Profit and loss account
726
24,907
Shareholders' funds
736
24,917
For the year ending 30 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 14 February 2024 and were signed on its behalf by
Michael Roy Eaton
Director
Company Registration No. 07034792
Equilibrium Financial Services Limited
Notes to the Accounts
for the year ended 30 March 2023
Equilibrium Financial Services Limited is a private company, limited by shares, registered in England and Wales, registration number 07034792. The registered office is 62 Horton Way, Nantwich, Cheshire, CW5 7GD, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 March 2022
547
2,500
3,047
At 30 March 2023
547
2,500
3,047
At 31 March 2022
547
-
547
Charge for the year
-
500
500
At 30 March 2023
547
500
1,047
At 30 March 2023
-
2,000
2,000
At 30 March 2022
-
2,500
2,500
Amounts falling due within one year
Trade debtors
16,815
42,000
Equilibrium Financial Services Limited
Notes to the Accounts
for the year ended 30 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
-
17,366
Other creditors
55,260
45,000
Loans from directors
15,750
5,500
7
Creditors: amounts falling due after more than one year
2023
2022
Loans from directors
(2,500)
2,500
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).